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Suppose that the specifications for a part (in inches) are 6.00 0.03, and that the Taguchi loss function is estimated to be L ( x

Suppose that the specifications for a part (in inches) are 6.00 0.03, and that the Taguchi loss function is estimated to beL(x) = 6,600(x-T)2. Determine the economic loss ifx= 6.06 inches. Round your answer to the nearest cent.

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